Global Hydrogen Fuel Cell Train Market Size study, By Application, By Technology, By Component, By Rail type, and Regional Forecasts 2022-2028

List of Tables

Global Hydrogen Fuel Cell Train Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Hydrogen Fuel Cell Train or hydrogen powered trains refer to trains that uses hydrogen as a power source for propulsion and auxiliary application. Hydrogen fuel cells offer an inherently clean source of energy, with no adverse environmental impact during operation as the byproducts are simply heat and water. Also, unlike biofuel or hydropower, hydrogen doesn't require large areas of land to produce. The rising investment towards development of railways infrastructure and increasing concern over environmental degradation as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, in January 2022, Canadian Pacific railroad and Ballard Power Systems, a maker of hydrogen fuel cells, entered in a partnership to expand CP's Hydrogen Locomotive Program, adding eight additional 200 kW fuel cell modules to their initial order. Canadian Pacific received USD 15 million in funding from Emissions Reduction Alberta (ERA). Moreover, in February 2022, India announced USD 32.7 billion capital investment in rail in national budget for the purpose of rolling stock development. Furthermore, leading market players are working towards strategic partnerships to capture substantial market share. For instance, in April 2022, Alstom and ENGIE entered in a partnership agreement to supply a fuel cell system with renewable hydrogen for use in European rail freight. Also, growing number of R&D activities in Hydrogen Fuel Cell Technology coupled with rising logistics and transportation sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high capital-intensive nature of Hydrogen Fuel Cell Train development impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Hydrogen Fuel Cell Train Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing railways infrastructure and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of railways and increasing number of investment activities towards sustainable railways infrastructure, would create lucrative growth prospects for the global Hydrogen Fuel Cell Train Market across the Asia Pacific region.

Major market players included in this report are:

Alstom

Ballard Power Systems

BNSF

CAF group

CRRC Corporation Limited

Engie Sa

Hitachi

Hyundai Corporation

IHI Corporation

Kawasaki Heavy Industries, Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application

Passenger Train

Freight Train

By Technology

Proton Exchange Membrane Fuel Cell

Phosphoric Acid Fuel Cell

By Component

Hydrogen fuel cell Pack

Batteries

Electric traction motors

By Rail type

Passenger Rail

Commuter Rail

Light Rail

Trams

Freight

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Hydrogen Fuel Cell Train Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Hydrogen Fuel Cell Train Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Hydrogen Fuel Cell Train Market, by Application, 2020-2028 (USD Million)
- 1.2.3. Global Hydrogen Fuel Cell Train Market, by Technology, 2020-2028 (USD Million)
- 1.2.4. Global Hydrogen Fuel Cell Train Market, by Component, 2020-2028 (USD Million)
- 1.2.5. Global Hydrogen Fuel Cell Train Market, by Rail Type, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Hydrogen Fuel Cell Train Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Hydrogen Fuel Cell Train Market Dynamics

3.1. Hydrogen Fuel Cell Train Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising investment towards development of railways infrastructure.
  - 3.1.1.2. Increasing concern over environmental degradation.
  - 3.1.1.3. Recent strategic initiatives from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. High capital-intensive nature of Hydrogen Fuel Cell Train development.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing number of R&D activities in Hydrogen Fuel Cell Technology.
  - 3.1.3.2. Rising logistics and transportation sector.

Chapter 4. Global Hydrogen Fuel Cell Train Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Hydrogen Fuel Cell Train Market, by Application

6.1. Market Snapshot
6.2. Global Hydrogen Fuel Cell Train Market by Application, Performance - Potential Analysis
6.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Application 2018-2028 (USD Million)
6.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
- 6.4.1. Passenger Train
- 6.4.2. Freight Train

Chapter 7. Global Hydrogen Fuel Cell Train Market, by Technology

7.1. Market Snapshot
7.2. Global Hydrogen Fuel Cell Train Market by Technology, Performance - Potential Analysis
7.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Technology 2018-2028 (USD Million)
7.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
- 7.4.1. Proton Exchange Membrane Fuel Cell
- 7.4.2. Phosphoric Acid Fuel Cell

Chapter 8. Global Hydrogen Fuel Cell Train Market, by Component

8.1. Market Snapshot
8.2. Global Hydrogen Fuel Cell Train Market by Component, Performance - Potential Analysis
8.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Component 2018-2028 (USD Million)
8.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
- 8.4.1. Hydrogen fuel cell Pack
- 8.4.2. Batteries
- 8.4.3. Electric traction motors

Chapter 9. Global Hydrogen Fuel Cell Train Market, by Rail Type

9.1. Market Snapshot
9.2. Global Hydrogen Fuel Cell Train Market by Rail Type, Performance - Potential Analysis
9.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Rail Type 2018-2028 (USD Million)
9.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
- 9.4.1. Passenger Rail
- 9.4.2. Commuter Rail
- 9.4.3. Light Rail
- 9.4.4. Trams
- 9.4.5. Freight

Chapter 10. Global Hydrogen Fuel Cell Train Market, Regional Analysis

10.1. Hydrogen Fuel Cell Train Market, Regional Market Snapshot
10.2. North America Hydrogen Fuel Cell Train Market
- 10.2.1. U.S. Hydrogen Fuel Cell Train Market
  - 10.2.1.1. Application estimates & forecasts, 2018-2028
  - 10.2.1.2. Technology estimates & forecasts, 2018-2028
  - 10.2.1.3. Component estimates & forecasts, 2018-2028
  - 10.2.1.4. Rail Type estimates & forecasts, 2018-2028
- 10.2.2. Canada Hydrogen Fuel Cell Train Market
10.3. Europe Hydrogen Fuel Cell Train Market Snapshot
- 10.3.1. U.K. Hydrogen Fuel Cell Train Market
- 10.3.2. Germany Hydrogen Fuel Cell Train Market
- 10.3.3. France Hydrogen Fuel Cell Train Market
- 10.3.4. Spain Hydrogen Fuel Cell Train Market
- 10.3.5. Italy Hydrogen Fuel Cell Train Market
- 10.3.6. Rest of Europe Hydrogen Fuel Cell Train Market
10.4. Asia-Pacific Hydrogen Fuel Cell Train Market Snapshot
- 10.4.1. China Hydrogen Fuel Cell Train Market
- 10.4.2. India Hydrogen Fuel Cell Train Market
- 10.4.3. Japan Hydrogen Fuel Cell Train Market
- 10.4.4. Australia Hydrogen Fuel Cell Train Market
- 10.4.5. South Korea Hydrogen Fuel Cell Train Market
- 10.4.6. Rest of Asia Pacific Hydrogen Fuel Cell Train Market
10.5. Latin America Hydrogen Fuel Cell Train Market Snapshot
- 10.5.1. Brazil Hydrogen Fuel Cell Train Market
- 10.5.2. Mexico Hydrogen Fuel Cell Train Market
10.6. Rest of The World Hydrogen Fuel Cell Train Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Alstom
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Ballard Power Systems
- 11.2.3. BNSF
- 11.2.4. CAF group
- 11.2.5. CRRC Corporation Limited
- 11.2.6. Engie Sa
- 11.2.7. Hitachi
- 11.2.8. Hyundai Corporation
- 11.2.9. IHI Corporation
- 11.2.10. Kawasaki Heavy Industries, Ltd.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Hydrogen Fuel Cell Train Market, report scope
TABLE 2. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 4. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Technology 2018-2028 (USD Million)
TABLE 5. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Component 2018-2028 (USD Million)
TABLE 6. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Rail Type 2018-2028 (USD Million)
TABLE 7. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Hydrogen Fuel Cell Train Market
TABLE 57. List of primary sources, used in the study of global Hydrogen Fuel Cell Train Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Hydrogen Fuel Cell Train Market, research methodology
FIG 2. Global Hydrogen Fuel Cell Train Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Hydrogen Fuel Cell Train Market, key trends 2021
FIG 5. Global Hydrogen Fuel Cell Train Market, growth prospects 2022-2028
FIG 6. Global Hydrogen Fuel Cell Train Market, porters 5 force model
FIG 7. Global Hydrogen Fuel Cell Train Market, pest analysis
FIG 8. Global Hydrogen Fuel Cell Train Market, value chain analysis
FIG 9. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Hydrogen Fuel Cell Train Market, regional snapshot 2018 & 2028
FIG 15. North America Hydrogen Fuel Cell Train Market 2018 & 2028 (USD Million)
FIG 16. Europe Hydrogen Fuel Cell Train Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Hydrogen Fuel Cell Train Market 2018 & 2028 (USD Million)
FIG 19. Global Hydrogen Fuel Cell Train Market, company Market share analysis (2021)